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KBR(KBR) - 2024 Q1 - Earnings Call Transcript
2024-05-01 00:46
KBR, Inc. (NYSE:KBR) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Jamie DuBray - Vice President, Investor Relations Stuart Bradie - President and Chief Executive Officer Mark Sopp - Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Tobey Sommer - Truist Bert Subin - Stifel Mariana Pérez Mora - Bank of America Sangita Jain - KeyBanc Michael Dudas - Vertical Research Operator Good morning everyone and welcome to the KBR Inc. First Quarter 2024 E ...
KBR Awarded $100m Operational Support Contract for UK Ministry of Defence
Prnewswire· 2024-04-30 20:30
HOUSTON, April 30, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it is extending its support to the UK Ministry of Defence (MOD) with the award of a contract worth more than $100m, with options, to provide unique heavy lift movement services of front-line equipment for the British Army. Under the terms of the contract, KBR will provide a fleet of Heavy Equipment Transporters (HET), maintainers and operators to enable movement of strategic loads, including the British Army's Challenger 2 tanks. T ...
KBR Inc. (KBR) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-30 13:05
KBR Inc. (KBR) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this the engineering, construction company would post earnings of $0.68 per share when it actually produced earnings of $0.69, delivering a surprise of 1.47%.Over the last four quar ...
KBR(KBR) - 2024 Q1 - Quarterly Results
2024-04-30 00:26
EXHIBIT 99.1 KBR Announces First Quarter Fiscal 2024 Financial Results Strong Q1 2024 Performance Adjusted EBITDA Growth with Margin Expansion 2 HOUSTON, TX - April 30, 2024 - KBR, Inc. (NYSE: KBR) today announced its first quarter fiscal 2024 financial results. "KBR's extraordinary team has yet again surpassed expectations, delivering outstanding first-quarter results," said Stuart Bradie, KBR's President and CEO. "Our team's unwavering commitment to our customers has led to year-over-year increases across ...
KBR Awarded $771M in LOGCAP Contract Options to Provide Logistics and Life Support Services to U.S. Army EUCOM and NORTHCOM
Prnewswire· 2024-04-29 20:30
HOUSTON, April 29, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an estimated $771 million in cost-plus-fixed-fee contract options to continue mission-critical support to the U.S. Army Northern Command (NORTHCOM) and European Command (EUCOM) under the Logistics Civil Augmentation Program (LOGCAP) V contract. LOGCAP is an indefinite delivery indefinite quantity contract with combatant command (COCOM) based task orders. The option period 4 performance is March 2024 to March 2025. Un ...
Why Earnings Season Could Be Great for KBR
Zacks Investment Research· 2024-04-29 13:41
Investors are always looking for stocks that are poised to beat at earnings season and KBR Inc. (KBR) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because KBR is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some ...
KBR Inc. (KBR) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-23 15:07
The market expects KBR Inc. (KBR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on A ...
KBR's Phenol Technology Selected by SABIC Fujian Petrochemicals
Prnewswire· 2024-04-22 10:00
HOUSTON, April 22, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the contract, KBR will provide technology licensing and proprietary engineering design for a 250 KTA phenol plant at SABIC's Fujian Petrochemical Complex. The final investment decision for this project was announced in January 2024 with expected completion in FY 2026. KBR's phenol technology offers ...
Why KBR (KBR) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-18 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? KBR Inc. (KBR) , which belongs to the Zacks Engineering - R and D Services industry, could be a great candidate to consider.This the engineering, construction company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 2.11%.For the last reported q ...
KBR Green Ammonia Technology Selected for Fortescue's Project in Norway
Prnewswire· 2024-04-17 10:00
HOUSTON, April 17, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has signed a contract to provide its green ammonia technology, K-GreeN®, for Fortescue's Holmaneset green energy project in Norway. Under the terms of the contract, KBR will provide technology license, proprietary engineering design, and FEED support engineering services for the 675 metric tonnes per day grassroots green ammonia plant in Norway. "We are excited to work with Fortescue on this project to offer our zero-carbon green amm ...